Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing screens.

The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of eleven cents ($0.11) per share, payable February 2, 2011, to shareholders of record as of January 19, 2011.

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada.
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Time Warner Inc. (NYSE: TWX) reported Adjusted Diluted Income per Common Share from Continuing Operations (“Adjusted EPS”) of $0.50 versus $0.37 in the prior year quarter. analysts average $0.45. TWX beats by $0.05.

In the quarter, Revenues grew 8% from the same period in 2009 to $6.4 billion, reflecting increases at the Networks and Filmed Entertainment segments.

Weekly roundup of stocks moving in and out of the Magic Formula Investing screen.